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Oil Prices Firm But Concerns Grow About Demand

2019-06-06 14:37:38| OGI

Oil prices rose by more than 1% on June 6, recovering from a near five-month low in the previous session but sentiment stayed weak due to rising U.S. supply and a stalling global economy.

Tags: prices firm oil demand

 

IHS Markit: Canadian oil sands production to be ~1M barrels higher by 2030 but with lower annual growth; boosted by deterioration in Venezuela

2019-06-06 11:57:05| Green Car Congress

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Santos Says Drilling Confirms Major Dorado Oil, Gas Resource

2019-06-06 03:29:31| OGI

Australia's No.2 independent gas producer Santos Ltd. on June 6 said the Dorado-2 appraisal well in Western Australia has confirmed a major oil and gas resource. Santos has an 80% stake in the field after acquiring Quadrant Energy in 2018, while the remainder is owned by operator Carnarvon Petroleum.

Tags: major resource gas oil

 

Oil Output At Kazakhstans Kashagan Hits All-time High

2019-06-05 15:24:35| OGI

Output has risen after a successful completion of maintenance on the oil field in May.

Tags: high hits oil output

 

Venezuelas Oil Exports Drop 17% In May As Sanctions Kick In

2019-06-05 15:21:44| OGI

PDVSA's exports of crude and refined products fell 17% in May from the previous month to 874,500 barrels per day.

Tags: in oil drop kick

 

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